they can still transact with other federations as well as outside of fedimint altogether, across lightning, but yea they'll unlikely ever transact on layer 1

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If there is no viable final base layer settlement, is it even still bitcoin? I could really use a deep dive on the mechanics of these things since everyone is pushing really cool e-cash stuff lately, I just want to understand the mechanics a bit more to see what the issues might be down the road.